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Old 11-01-2012, 10:57 PM   #1
RACER X
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Join Date: Nov 2008
Location: Richmond, Tx
Moto: '10 Tuono Factory
Posts: 4,569
Default Cadillac med plan = more income

Read this on the Aprilia board, and it would prob. Apply to "us" as well



Quote:
Originally Posted by Hellgate View Post
I found out today the my health insurance plan is now considered a "Cadillac" plan. Not really sure what a "Chevy" plan would be as my "Cadillac" plan is like what I've had for the last 20 years.
As a result of owning a "Cadillac", I will now have $16,500 of income value added to my W-2, resulting in paying more income tax. At the same time the amount one can set aside for a Health Spending Account has been cut in half from $5,000 to $2,500.
Nice...
Anybody know about this, our med FSA also has dropped too
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